Illinois Tool Works
1,372 hedge funds and large institutions have $48.3B invested in Illinois Tool Works in 2020 Q3 according to their latest regulatory filings, with 119 funds opening new positions, 409 increasing their positions, 561 reducing their positions, and 58 closing their positions.
105% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 58
43% more call options, than puts
Call options by funds: $231M | Put options by funds: $162M
17% more funds holding in top 10
Funds holding in top 10: 29 → 34 (+5)
10% more capital invested
Capital invested by funds: $44B → $48.3B (+$4.27B)
4% more funds holding
Funds holding: 1,322 → 1,372 (+50)
0.63% less ownership
Funds ownership: 79.63% → 78.99% (-0.63%)
27% less repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 561
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$120M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 3 |
Goldman Sachs
New York
|
+$92.2M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$71.9M |
| 5 |
Morgan Stanley
New York
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$238M |
| 2 |
BlackRock
New York
|
-$117M |
| 3 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$102M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$88.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$57.8M |
ITW Hedge Fund Activity: Q3 2020 in Review
1,372 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2020, worth a combined $48.3B — up 9.7% from $44B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new ITW positions and 58 closed out — a net gain of 61 holders — while 409 added to existing stakes and 561 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $120M. The largest seller was JP Morgan Chase, cutting an estimated $238M.
- 1,372 institutional investors held Illinois Tool Works (ITW) as of Q3 2020, up from 1,322 in Q2 2020.
- Funds reported $48.3B of Illinois Tool Works stock for Q3 2020, up 9.7% quarter-over-quarter.
- 119 funds opened new Illinois Tool Works positions in Q3 2020 and 58 closed out, a net change of +61 holders.
- The largest Illinois Tool Works buyer in Q3 2020 was First Trust Advisors, an estimated $120M added.
- The largest Illinois Tool Works seller in Q3 2020 was JP Morgan Chase, an estimated $238M sold.
Based on aggregated 13F filings for Q3 2020.